Emerging Markets Turning Tables On WTO, Experts Say

Law360, New York (March 3, 2011, 6:42 PM EST) -- Globalization today is driven by China and other emerging economies far more than by traditional economic powers, with major implications for the World Trade Organization and regional trade agreements, experts said Thursday at Georgetown Law Center's 2011 International Trade Update.

Eurasia Group president and keynote speaker Ian Bremmer said the new trading environment will mean more volatility across the globe. Emerging markets are now in the driver's seat when it comes to globalization, but do not yet have the necessary level of stability to take any...
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